Pros and Cons of Living In Saginaw, Michigan. Is Saginaw, MI a Nice Place To Live or Retire?

Saginaw, Michigan

Moving to Saginaw In Michigan ? Is Saginaw, MI a Nice Place To Live? Pros and Cons of Living in Saginaw, Michigan. Find out the best and worst about to live, raise a family or retire in Saginaw.

Saginaw () is a city in and the seat of Saginaw County, Michigan, United States. It had a population of 44,202 at the 2020 census. Located along the Saginaw River, Saginaw is adjacent to Saginaw Charter Township and considered part of Greater Tri-Cities region of Central Michigan. The Saginaw metropolitan area had a population of 190,124 in 2020, while the Tri-Cities area had 377,474 residents.

Established as a fort following the 1819 Treaty of Saginaw, Saginaw was a thriving lumber town in the 19th century. It was an important industrial city and manufacturing center throughout much of the 20th century due to its automobile and automotive parts production led by General Motors. As part of the Rust Belt, its industry and strong...

DEMOGRAPHICS

Population
48407
Unemployment
11.1%
136% NAT AVG.
Poverty
34.6%
147% NAT AVG.
Cost Of Living
85
15% NAT AVG.

ECONOMICS

Median Home Cost
$41500
82% NAT AVG.
Median Income
$30845
54% NAT AVG.
Median Rent
$747
36% NAT AVG.
Overall Score
3

CRIME REPORT

Total Crime
1749
56% NAT. AVG.
99% STATE AVG.
Violent Crime
1029
455% NAT. AVG.
351% STATE AVG.
Property Crime
720
23% NAT. AVG.
11% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 3
Unemployed People
1 in 9
People Earning < $10,000
1 in 6
People Earning < $50,000
71.5%
People With Any Degree
1 in 4.8

ETHNICITY

Ethnicity Saginaw USA
White 36.4% 60.1%
African American 42.9% 12.2%
American Indian 0.2% 0.6%
Asian 0.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.9% 2.8%
Hispanic 16.3% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Saginaw USA
Less than $10,000 15.9% 5.8%
$10,000 to $14,999 9.4% 4.1%
$15,000 to $24,999 14.9% 8.5%
$25,000 to $34,999 16.5% 8.6%
$35,000 to $49,999 14.8% 12.0%
$50,000 to $74,999 15.6% 17.2%
$75,000 to $99,999 6.3% 12.8%
$100,000 to $149,999 4.7% 15.6%
$150,000 to $199,999 0.6% 7.1%

EDUCATION

Education Saginaw USA
< 9th Grade 5% 5.0%
9-12th Grade 13% 7.0%
High School or GED 35% 27.0%
Other College 26% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 9% 20.0%
Master's Degree 3% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
Saginaw is a city in Michigan state in USA with a population of 48407 residents.. The poverty rate of Saginaw is 34.6%, which is 147% higher than national average. The typical household in Saginaw earns $30845 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 71.5% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Saginaw are struggling financially. Nearly one in every 1 in every 9 workers in Saginaw is unemployed. The unemployment rate of Saginaw remained 11.1%, which is 136% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Saginaw is 85, which is 15% lower than national average. In Saginaw, only 13% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in Saginaw is $41500 , which is 82% lower than national average. While median income in Saginaw remained $30845, which is 54% lower than national average.
Saginaw Scorecard

Jobs30%

Housing40%

Affordability80%

Safety50%

Amenities90%

Diversity95%

Education40%

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